Raptors May Not Use Bosh Trade Exception
Old 02-18-2011, 09:23 AM   #1 (permalink)
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Question Raptors May Not Use Bosh Trade Exception

They dont wanna take on Salary? Yet we cant attract free agents, so why not take on a players Salary via a Trade and use the exception? Or can you not do that? I cant remember..

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Raptors May Not Use Trade Exception

The Raptors made sure to get some assets back in return when Chris Bosh left for Miami as a free agent last summer.

Toronto received two draft picks and a $14.5 million trade exception as part of the forward's departure.

The exception, which is now worth $12.2 million following another deal, allows the Raptors to take on that amount of extra salary in a trade under the current collective bargaining agreement.

As the Feb. 24 trade deadline approaches, the National Post writes that it will be hard for the Raptors to use the exception.

There are 10 teams with exceptions currently, while only Cleveland has one larger than Toronto.

“It’s tough to put a value on the trade exception, except to say that this year there seems to be fewer quality contracts available in the form of salary unloads because so many teams lined up to get under the [salary] cap last summer in the banner free-agent year that it was,” general manager Bryan Colangelo wrote in an email to the Post. “There are fewer [teams paying the tax] this year, as well, and most of them are contenders so [avoiding paying the tax] will be less common.

“Of course there are toxic deals available, but with good reason.”

Another reason why the Raptors are unlikely to use the exception is that they simply don't want to take on salary.

Via National Post
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Old 02-18-2011, 09:29 AM   #2 (permalink)
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Makes sense.

If you aren't getting an awesome piece to push the team into contention, taking on a bad contract is insanity during a re-build.
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Old 02-18-2011, 09:30 AM   #3 (permalink)
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I said this months ago: the trade exception will expire without being used. There is no market for it and, historically, trade exceptions do not net you much.
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Old 02-18-2011, 09:32 AM   #4 (permalink)
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I fully understood that this was likely to happen.

Our net gain out of Chris Bosh leaving is.....Jerryd Bayless?
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Old 02-18-2011, 09:33 AM   #5 (permalink)
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and 2 first rounders
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Old 02-18-2011, 09:46 AM   #6 (permalink)
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Once again Bryan's previous words don't match up with reality. But I'm ok with it. I'd be more worried about him trying to milk value out of the thing.
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Old 02-18-2011, 10:06 AM   #7 (permalink)
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He's already used the TPE, and the fact he's not rushing to use the rest of it should be a good thing. We all know he's not afraid and seemingly likes to trade, so if he's not doing so, it's probably cause the guys he's being offered are not worth the committment
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Old 02-18-2011, 10:12 AM   #8 (permalink)
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At least the Nuggets will be getting back some nice assets for Carmelo.

Once again, BC has struck out. Lets see the masters salesman pitches over the years:

Lets build around Bosh, Ford, and Bargnani
Lets build build around Bosh, JO, Bargnani
Lets build around Bosh, Hedo, Bargnani
We are only a few pieces away from being an elite team in the East.
We are not rebuilding, we are retooling

"we were able to extract a very valuable Trade Exception and future draft picks that will serve as building blocks in the process of RE-TOOLING our basketball tea. The Trade Exception can be used to acquire players under contract with other teams via trade, or it can be used to leverage the acquisition of additional future assets"

A Letter From Bryan Colangelo | Raptors

From the article, it looks like the trade exception holds no value with 10 teams having it already. Who wants more Kool-Aid?
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Old 02-18-2011, 10:12 AM   #9 (permalink)
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Quote:
Originally Posted by LX View Post
Once again Bryan's previous words don't match up with reality. But I'm ok with it. I'd be more worried about him trying to milk value out of the thing.
His words if i'm not mistaken were it's an asset we MAY be able to use within the next year. He didn't guarantee anything. Plus this article states...

Quote:
As the Feb. 24 trade deadline approaches, the National Post writes that it will be hard for the Raptors to use the exception.
it says nothing about using it in the summer. Which is possible. I think BC will try and make a deal with it that makes sense, but like the article said because there are so many TPE's out there it deminishes the possiblities. I do think he'll use a portion of it for a deal either in the next few weeks or this summer.
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Old 02-18-2011, 10:25 AM   #10 (permalink)
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He didn't guarantee anything, but he repeatedly said that in the case of Bosh leaving, the team would benefit from whatever financial flexibility resulted. When the guy talked, he made out like there would be some immediate filling of holes. When the TPE came back he pointed to that directly as a reason they could find a way to surprise the gloom and doomers. But hey - he didn't guarantee anything so it's on anyone who heard promises to realize they just aren't smart like Bryan.

Bryan's reality has shifted considerably. This is a good thing. But that doesn't mean it hasn't shifted. Again.
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Old 02-18-2011, 10:28 AM   #11 (permalink)
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Quote:
Originally Posted by LX View Post
He didn't guarantee anything, but he repeatedly said that in the case of Bosh leaving, the team would benefit from whatever financial flexibility resulted. When the guy talked, he made out like there would be some immediate filling of holes. When the TPE came back he pointed to that directly as a reason they could find a way to surprise the gloom and doomers. But hey - he didn't guarantee anything so it's on anyone who heard promises to realize they just aren't smart like Bryan.

Bryan's reality has shifted considerably. This is a good thing. But that doesn't mean it hasn't shifted. Again.
I think the fact he is willing and able to shift is a good thing. Imagine if Gilbert was still trying to win a title before LBJ?
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Old 02-18-2011, 10:36 AM   #12 (permalink)
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Quote:
Originally Posted by LX View Post
He didn't guarantee anything, but he repeatedly said that in the case of Bosh leaving, the team would benefit from whatever financial flexibility resulted. When the guy talked, he made out like there would be some immediate filling of holes. When the TPE came back he pointed to that directly as a reason they could find a way to surprise the gloom and doomers. But hey - he didn't guarantee anything so it's on anyone who heard promises to realize they just aren't smart like Bryan.

Bryan's reality has shifted considerably. This is a good thing. But that doesn't mean it hasn't shifted. Again.
i missed the comment where he talked about filling immediate holes.

and we certainly can still benefit from the flexibility, even if we don't use the tpe to trade for someone (perhaps even moreso if we don't).
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Old 02-18-2011, 10:46 AM   #13 (permalink)
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Wont the new CBA come into play this summer to further complicate matters on this TPE? Anyhow we all knew losing Bosh through FA was not going to net us anything. We were prepared for it meaning emotionally not basketball wise obviously.
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Old 02-18-2011, 10:58 AM   #14 (permalink)
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Originally Posted by Shack View Post
Wont the new CBA come into play this summer to further complicate matters on this TPE? Anyhow we all knew losing Bosh through FA was not going to net us anything. We were prepared for it meaning emotionally not basketball wise obviously.
I don't remember which of these is the rule:

a) TPE expires at beginning of free agency when teams manage cap holds, renounce signing rights, etc.
b) TPE lasts exactly 1 year unless used

Either way, it is not likely the new CBA will be in place in time to affect the TPE.
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Old 02-18-2011, 10:59 AM   #15 (permalink)
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Quote:
Originally Posted by Ligeia View Post
I don't remember which of these is the rule:

a) TPE expires at beginning of free agency when teams manage cap holds, renounce signing rights, etc.
b) TPE lasts exactly 1 year unless used

Either way, it is not likely the new CBA will be in place in time to affect the TPE.

b
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Old 02-18-2011, 11:05 AM   #16 (permalink)
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Originally Posted by 'trane View Post
and 2 first rounders
Huh? The Heat's and who's elses?
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Old 02-18-2011, 11:18 AM   #17 (permalink)
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Huh? The Heat's and who's elses?
We got our first rounder back this year plus the Heats this year I think.
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Old 02-18-2011, 11:21 AM   #18 (permalink)
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Huh? The Heat's and who's elses?
The Heats first rounder, and ours this year back that we sent them in the Shawn Marion deal...
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Old 02-18-2011, 11:27 AM   #19 (permalink)
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I said this months ago: the trade exception will expire without being used. There is no market for it and, historically, trade exceptions do not net you much.
Well from the sounds of the article you'd be partially wrong because it sounds like about $3M of the exception was used on a previous trade.

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Originally Posted by LX View Post
Once again Bryan's previous words don't match up with reality. But I'm ok with it. I'd be more worried about him trying to milk value out of the thing.
That is definitely true and is frustrating. When we got the TPE we were told it was a very valuable trade piece; the fact that several teams have them seems to lower its value, but it still looked like teams would be willing to shed decent players due to the impending lockout. Instead it looks like we're going to get almost nothing for it.
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Old 02-18-2011, 11:37 AM   #20 (permalink)
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Colour me shocked

BC should shop that Miami pick + tpe + and someone else and try and acquire Gerald Wallace or someone
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